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Showing 1021 - 1030 of 2458 results for "Court"

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... Speaking to Financial Standard, AMPFPA chief executive Neil Macdonald said the filing of the action was delayed by a High Court decision in December around how class actions are funded, requiring law firm Corrs to sign up a minimum number of advisers ...

AMP faces fresh class action

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
... AMP Financial Planning, Charter Financial Planning or Hillross Financial Services. The action will be filed in the Federal Court of Australia.

ACCC denies impropriety

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
... interviewed as part of the investigation seemed to be "full, frank and truthful" throughout the process. Taylor told the court that the interviews being conducted as part of this investigation required "more governance" than he had been involved with ...

Separate advice and product: AIOFP

ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
... advice pre-2013 and it is a long bow to draw that paying commissions [would have] made the product fail." The AIOFP's High Court challenge to stop the banning of grandfathered commissions recently fell over after it failed to reach its funding target ...

AustralianSuper, QIC back investment manager

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
Representatives of AustralianSuper and QIC are set to join the board of a US investment manager following significant investments by both parties. Generate Capital, an investment and operating platform for distributed sustainable infrastructure, has ...

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
The Federal Court has ordered AMP to pay $5.175 million for failing to ensure its financial advisers complied with the best interests duty by engaging in insurance churn. In a case brought in June 2018, ASIC alleged that a number of AMP Financial Planning ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... facing 23 million alleged breaches of anti-money laundering and counter terrorism laws with AUSTRAC applying to the Federal Court seeking civil penalty orders against Westpac.

Amish community scammed

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... of the federal securities laws. Riehl has agreed to settle the charges against him. The settlement, which is subject to court approval, provides for return of allegedly ill-gotten gains plus prejudgment interest. Riehl is also facing criminal charges ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... co-founder Last Wednesday, Sargon co-founder Aron D'Souza dragged Kingston and his other company Trimantium to Supreme Court. D'Souza, who sold his stake in January last year, alleged that Kingston had reneged on deferred payments of about $2 ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... The Association of Independently Owned Financial Professionals has failed to raise the necessary funds to mount its High Court challenge to retain grandfathered commissions. The AIOFP has confirmed the High Court challenge to fight the banning of grandfathered ...